Brian D. Jackson, Chief Financial Officer, Federal Financing Bank (FFB) announced the following activity for the month of March 2006.

FFB holdings of obligations issued, sold or guaranteed by other Federal agencies totaled $28.4 billion on March 31, 2006, posting a decrease of $277.5 million from the level on February 28, 2006. This net change was the result of an increase in holdings of agency debt of $4.1 million and decreases in holdings of agency assets of $166.4 million and in net holdings of government-guaranteed loans of $115.2 million. The FFB made 34 disbursements and received 8 prepayments during the month of March. The FFB also extended the maturities of 221 loans guaranteed by the Rural Utilities Service (“RUS”) during the month.

Attached to this release are tables presenting FFB March loan activity and FFB holdings as of March 31, 2006.

MARCH 2006 ACTIVITY

Amount

Final

Interest

Borrower

Date

of Advance

Maturity

Rate

AGENCY DEBT

NATIONAL CREDIT UNION ADMIN. - CLF

*National Credit Union

3/24

$4,105,300.00

6/22/06

4.791%

S/A

GOVERNMENT-GUARANTEED LOANS

GENERAL SERVICES ADMINISTRATION

Foley Services Contract

3/07

$5,406.39

7/31/25

4.947%

S/A

San Francisco OB

3/07

$169,298.29

2/01/35

4.949%

S/A

San Francisco Bldg Lease

3/10

$13,096.35

8/01/35

4.939%

S/A

San Francisco Bldg Lease

3/10

$7,247,674.78

8/01/35

4.939%

S/A

San Francisco Bldg Lease

3/20

$9,663.04

8/01/35

4.920%

S/A

San Francisco Bldg Lease

3/20

$24,256.25

8/01/35

4.920%

S/A

San Francisco OB

3/22

$201,337.07

2/01/35

4.947%

S/A

RURAL UTILITIES SERVICE

Pineland Telephone #747

3/01

$388,000.00

12/31/19

4.556%

Qtr.

Little Ocmulgee Electric #816

3/06

$2,100,000.00

12/31/36

4.719%

Qtr.

Jackson Purchase #755

3/07

$5,922,000.00

12/31/35

4.788%

Qtr.

Sho-Me Power #2160

3/08

$9,300,000.00

12/31/37

4.773%

Qtr.

Pemiscot-Dunklin Elec. #853

3/10

$6,327,000.00

12/31/36

4.775%

Qtr.

Mid-Yellowstone Elec. #745

3/13

$400,000.00

12/31/35

4.810%

Qtr.

Mid-Yellowstone Elec. #745

3/14

$253,000.00

12/31/35

4.829%

Qtr.

Basin Electric #2211

3/15

$48,544,000.00

1/03/39

4.751%

Qtr.

Brazos Electric #2086

3/17

$5,068,000.00

6/30/06

4.648%

Qtr.

Arrowhead Electric #773

3/20

$1,424,000.00

12/31/35

4.765%

Qtr.

Seminole Electric #2253

3/20

$14,611,000.00

1/02/35

4.771%

Qtr.

Fox Islands Elec. Coop. #2106

3/21

$46,000.00

12/31/37

4.734%

Qtr.

Farmers Telephone #2203

3/23

$7,532,000.00

6/30/06

4.666%

Qtr.

Three River Electric Coop #846

3/24

$1,557,000.00

12/31/36

4.800%

Qtr.

East Kentucky Power #2019

3/27

$6,500,000.00

1/03/33

4.765%

Qtr.

TRANSCO #883

3/27

$1,486,000.00

12/31/20

4.670%

Qtr.

Scott County Telephone #2175

3/29

$267,000.00

12/31/20

4.782%

Qtr.

Central Virginia Elec. #2126

3/30

$1,500,000.00

1/03/39

4.874%

Qtr.

Dunn Electric Coop. #861

3/30

$485,000.00

12/31/36

4.886%

Qtr.

Meriwether Lewis Elec. #2006

3/30

$5,000,000.00

12/31/36

4.886%

Qtr.

Springer Electric Coop. #2141

3/30

$449,000.00

12/31/37

4.880%

Qtr.

*Adams Rural Electric #706

3/31

$470,901.65

6/30/06

4.615%

Qtr.

*Adams Rural Electric #706

3/31

$471,103.49

6/30/06

4.615%

Qtr.

*Adams Rural Electric #706

3/31

$610,806.14

6/30/06

4.615%

Qtr.

*Atlantic Telephone Mem. #805

3/31

$5,131,741.05

6/30/06

4.615%

Qtr.

*Atlantic Telephone Mem. #805

3/31

$4,857,945.58

6/30/06

4.615%

Qtr.

*Atlantic Telephone Mem. #805

3/31

$1,762,400.52

6/30/06

4.615%

Qtr.

*Blue Grass Energy #674

3/31

$4,595,196.90

6/30/06

4.615%

Qtr.

*Blue Grass Energy #674

3/31

$1,835,793.04

6/30/06

4.615%

Qtr.

*Blue Grass Energy #674

3/31

$4,677,984.74

6/30/06

4.615%

Qtr.

*Blue Grass Energy #674

3/31

$4,774,792.22

6/30/06

4.615%

Qtr.

*Blue Grass Energy #674

3/31

$2,776,586.12

6/30/06

4.615%

Qtr.

*Brazos Electric #917

3/31

$283,385.16

12/31/18

4.828%

Qtr.

*Brazos Electric #917

3/31

$166,087.47

12/31/18

4.828%

Qtr.

*Brazos Electric #917

3/31

$118,997.05

12/31/18

4.828%

Qtr.

*Brazos Electric #917

3/31

$103,669.96

12/31/18

4.828%

Qtr.

*Brazos Electric #917

3/31

$56,797.89

12/31/18

4.828%

Qtr.

*Brazos Electric #917

3/31

$85,826.95

12/31/18

4.828%

Qtr.

*Brazos Electric #917

3/31

$27,624.28

12/31/18

4.828%

Qtr.

*Brazos Electric #917

3/31

$931,169.85

12/31/19

4.839%

Qtr.

*Brazos Electric #917

3/31

$182,428.80

12/31/18

4.828%

Qtr.

*Brazos Electric #917

3/31

$702,884.60

12/31/19

4.839%

Qtr.

*Brazos Electric #917

3/31

$2,105,428.58

12/31/19

4.839%

Qtr.

*Brazos Electric #917

3/31

$1,260,884.15

12/31/19

4.839%

Qtr.

*Brazos Electric #917

3/31

$755,647.37

12/31/19

4.839%

Qtr.

*Brazos Electric #917

3/31

$456,241.51

12/31/19

4.839%

Qtr.

*Brazos Electric #917

3/31

$720,411.41

12/31/20

4.852%

Qtr.

*Brazos Electric #917

3/31

$391,385.90

12/31/20

4.852%

Qtr.

*Brazos Electric #917

3/31

$1,129,317.17

12/31/20

4.852%

Qtr.

*Brazos Electric #917

3/31

$1,360,682.73

12/31/20

4.852%

Qtr.

*Brazos Electric #917

3/31

$1,620,766.35

1/03/22

4.865%

Qtr.

*Brazos Electric #917

3/31

$663,062.01

1/03/22

4.865%

Qtr.

*Brazos Electric #917

3/31

$507,267.86

1/03/22

4.865%

Qtr.

*Brazos Electric #917

3/31

$1,052,435.45

1/03/23

4.880%

Qtr.

*Brazos Electric #917

3/31

$831,378.04

1/03/23

4.880%

Qtr.

*Brazos Electric #917

3/31

$1,777,790.73

1/02/24

4.895%

Qtr.

*Brazos Electric #917

3/31

$2,004,859.69

1/02/24

4.895%

Qtr.

*Brazos Electric #917

3/31

$323,698.77

12/31/19

4.839%

Qtr.

*Brazos Electric #917

3/31

$868,487.41

12/31/19

4.839%

Qtr.

*Brazos Electric #917

3/31

$1,128,450.04

12/31/19

4.839%

Qtr.

*Brazos Electric #917

3/31

$1,855,229.08

12/31/19

4.839%

Qtr.

*Brazos Electric #917

3/31

$1,985,819.37

12/31/19

4.839%

Qtr.

*Brazos Electric #561

3/31

$9,163,965.30

12/31/24

4.910%

Qtr.

*Citizens Tel (VA) #680

3/31

$1,294,595.47

6/30/06

4.615%

Qtr.

*Citizens Tel (VA) #680

3/31

$637,026.46

6/30/06

4.615%

Qtr.

*Citizens Tel (VA) #680

3/31

$550,926.37

6/30/06

4.615%

Qtr.

*Citizens Tel (VA) #680

3/31

$213,919.84

6/30/06

4.615%

Qtr.

*Citizens Tel (VA) #680

3/31

$445,307.13

6/30/06

4.615%

Qtr.

*Clark Energy Coop. #2087

3/31

$1,991,191.99

3/31/11

4.799%

Qtr.

*Cumberland Electric #623

3/31

$3,207,527.92

12/31/29

4.959%

Qtr.

*Cumberland Valley #668

3/31

$3,832,440.70

6/30/06

4.615%

Qtr.

*Cumberland Valley #668

3/31

$4,602,755.82

6/30/06

4.615%

Qtr.

*Cumberland Valley #2118

3/31

$2,182,240.25

6/30/06

4.615%

Qtr.

*Cumberland Valley #2118

3/31

$1,983,854.77

6/30/06

4.615%

Qtr.

*Cumberland Valley #2118

3/31

$2,968,321.52

6/30/06

4.615%

Qtr.

*Cooper Valley Tel. #648

3/31

$851,916.65

6/30/06

4.615%

Qtr.

*Cooper Valley Tel. #648

3/31

$193,852.90

6/30/06

4.615%

Qtr.

Dairyland Power #867

3/31

$1,999,999.00

1/03/17

4.814%

Qtr.

Dairyland Power #865

3/31

$89,001.00

12/31/31

4.960%

Qtr.

Dairyland Power #2218

3/31

$289,000.00

12/31/36

4.935%

Qtr.

*Darien Telephone Co. #719

3/31

$1,463,876.44

12/31/15

4.809%

Qtr.

*Darien Telephone Co. #719

3/31

$337,221.17

12/31/15

4.809%

Qtr.

*Darien Telephone Co. #719

3/31

$162,534.55

12/31/15

4.809%

Qtr.

*Darien Telephone Co. #719

3/31

$192,155.31

12/31/15

4.809%

Qtr.

*Darien Telephone Co. #719

3/31

$139,749.31

12/31/15

4.809%

Qtr.

*Darien Telephone Co. #719

3/31

$207,345.46

12/31/15

4.809%

Qtr.

*Darien Telephone Co. #719

3/31

$170,738.91

12/31/15

4.809%

Qtr.

*Darien Telephone Co. #719

3/31

$1,160,272.58

12/31/15

4.809%

Qtr.

*Darien Telephone Co. #719

3/31

$216,462.41

12/31/15

4.809%

Qtr.

*Darien Telephone Co. #719

3/31

$427,136.31

12/31/15

4.809%

Qtr.

*Darien Telephone Co. #719

3/31

$311,118.73

12/31/15

4.809%

Qtr.

*Darien Telephone Co. #719

3/31

$385,566.70

12/31/15

4.809%

Qtr.

*Darien Telephone Co. #719

3/31

$541,337.28

12/31/15

4.809%

Qtr.

*Darien Telephone Co. #719

3/31

$606,646.40

12/31/15

4.809%

Qtr.

*Darien Telephone Co. #719

3/31

$650,012.74

12/31/15

4.809%

Qtr.

*Darien Telephone Co. #719

3/31

$496,495.45

12/31/15

4.809%

Qtr.

*Darien Telephone Co. #719

3/31

$718,596.41

12/31/15

4.809%

Qtr.

*Darien Telephone Co. #719

3/31

$307,352.30

12/31/15

4.809%

Qtr.

*Darien Telephone Co. #719

3/31

$201,596.54

12/31/15

4.809%

Qtr.

*Darien Telephone Co. #719

3/31

$207,602.32

12/31/15

4.809%

Qtr.

*E. Iowa Coop. #807

3/31

$975.80

6/30/06

4.615%

Qtr.

*Fairfield Elec. #684

3/31

$2,950,740.39

6/30/06

4.615%

Qtr.

*Fairfield Elec. #684

3/31

$86,534.73

6/30/06

4.615%

Qtr.

*Farmer's Telephone #459

3/31

$17,828.69

6/30/06

4.740%

Qtr.

*Farmer's Telephone #459

3/31

$165,539.02

6/30/06

4.740%

Qtr.

*Fleming-Mason Energy #644

3/31

$2,323,184.60

6/30/06

4.615%

Qtr.

*Fleming-Mason Energy #644

3/31

$1,250,945.52

6/30/06

4.615%

Qtr.

*Fleming-Mason Energy #644

3/31

$1,340,298.82

6/30/06

4.615%

Qtr.

*Fleming-Mason Energy #644

3/31

$1,965,771.58

6/30/06

4.615%

Qtr.

*Fleming-Mason Energy #644

3/31

$1,250,945.52

6/30/06

4.615%

Qtr.

*Fleming-Mason Energy #644

3/31

$2,710,584.78

6/30/06

4.615%

Qtr.

*Fleming-Mason Energy #644

3/31

$2,686,212.79

6/30/06

4.615%

Qtr.

*Fleming-Mason Energy #644

3/31

$2,838,277.62

6/30/06

4.615%

Qtr.

*Fleming-Mason Energy #644

3/31

$2,356,838.27

6/30/06

4.615%

Qtr.

*Farmers Telephone #399

3/31

$4,020,274.68

6/30/06

4.740%

Qtr.

*Farmers Telephone #399

3/31

$2,837,753.14

6/30/06

4.740%

Qtr.

*Farmers Telephone #399

3/31

$1,926,150.16

6/30/06

4.740%

Qtr.

*Farmers Telephone #399

3/31

$1,524,642.51

6/30/06

4.740%

Qtr.

*Farmers Telephone #399

3/31

$2,008,491.21

6/30/06

4.740%

Qtr.

*Farmers Telephone #399

3/31

$1,688,770.23

6/30/06

4.740%

Qtr.

*Farmers Telephone #476

3/31

$2,180,494.57

6/30/06

4.740%

Qtr.

*Farmers Telephone #476

3/31

$3,040,524.97

6/30/06

4.740%

Qtr.

*Farmers Telephone #476

3/31

$7,628,396.02

6/30/06

4.740%

Qtr.

*Farmers Telephone #476

3/31

$5,682,610.54

6/30/06

4.740%

Qtr.

*Farmers Telephone #476

3/31

$4,412,855.17

6/30/06

4.740%

Qtr.

*Farmers Telephone #476

3/31

$3,942,313.02

6/30/06

4.740%

Qtr.

*Farmers Telephone #476

3/31

$1,630,055.25

6/30/06

4.740%

Qtr.

*Farmers Telephone #2203

3/31

$1,830,005.00

6/30/06

4.615%

Qtr.

*FTC Communications #709

3/31

$5,686,056.98

6/30/06

4.615%

Qtr.

*FTC Communications #709

3/31

$1,699,260.65

6/30/06

4.615%

Qtr.

*FTC Communications #709

3/31

$2,189,737.63

6/30/06

4.615%

Qtr.

*FTC Communications #709

3/31

$2,800,472.45

6/30/06

4.615%

Qtr.

*FTC Communications #709

3/31

$986,886.44

6/30/06

4.615%

Qtr.

*FTC Communications #709

3/31

$1,175,871.12

6/30/06

4.615%

Qtr.

*FTC Communications #2101

3/31

$413,791.77

6/30/06

4.615%

Qtr.

*FTC Communications #2101

3/31

$3,212,736.98

6/30/06

4.615%

Qtr.

*Grayson Rural Elec. #619

3/31

$1,072,239.06

6/30/06

4.615%

Qtr.

*Grayson Rural Elec. #619

3/31

$536,119.55

6/30/06

4.615%

Qtr.

*Grayson Rural Elec. #619

3/31

$893,532.54

6/30/06

4.615%

Qtr.

*Grayson Rural Elec. #619

3/31

$1,157,598.91

6/30/06

4.615%

Qtr.

*Grayson Rural Elec. #619

3/31

$914,383.81

6/30/06

4.615%

Qtr.

*Grayson Rural Elec. #619

3/31

$2,315,697.29

6/30/06

4.615%

Qtr.

*Grayson Rural Elec. #619

3/31

$946,092.55

6/30/06

4.615%

Qtr.

*Grayson Rural Elec. #619

3/31

$966,415.82

6/30/06

4.615%

Qtr.

*Grayson Rural Elec. #619

3/31

$1,628,961.18

6/30/06

4.615%

Qtr.

*Great River Energy #738

3/31

$12,129,729.76

12/31/30

4.940%

Qtr.

*Great River Energy #738

3/31

$4,149,081.08

12/31/30

4.940%

Qtr.

*Greenbelt Elec. #743

3/31

$1,620,846.30

6/30/06

4.615%

Qtr.

*Greenbelt Elec. #743

3/31

$467,892.35

6/30/06

4.615%

Qtr.

*Greenbelt Elec. #743

3/31

$685,721.19

6/30/06

4.615%

Qtr.

*Grundy Elec.Coop. #744

3/31

$1,157,840.31

12/31/35

4.941%

Qtr.

*Grundy Elec.Coop. #744

3/31

$926,396.96

12/31/35

4.941%

Qtr.

*Grundy Elec.Coop. #744

3/31

$472,125.03

12/31/35

4.941%

Qtr.

*Grundy Elec.Coop. #744

3/31

$478,470.17

12/31/35

4.941%

Qtr.

*Grundy Elec.Coop. #744

3/31

$490,483.33

12/31/35

4.941%

Qtr.

*Harrison County #532

3/31

$889,898.83

6/30/06

4.615%

Qtr.

*Harrison County #532

3/31

$800,908.95

6/30/06

4.615%

Qtr.

*Harrison County #532

3/31

$895,902.69

6/30/06

4.615%

Qtr.

*Harrison County #532

3/31

$1,460,913.11

6/30/06

4.615%

Qtr.

*Harrison County #532

3/31

$1,572,851.19

6/30/06

4.615%

Qtr.

*Hudson Valley Datanet #833

3/31

$4,552,006.75

6/30/06

4.615%

Qtr.

*Hudson Valley Datanet #833

3/31

$3,317,400.00

6/30/06

4.615%

Qtr.

*Hudson Valley Datanet #833

3/31

$1,820,802.70

6/30/06

4.615%

Qtr.

*Inter-County Energy #592

3/31

$1,334,848.21

6/30/06

4.615%

Qtr.

*Inter-County Energy #592

3/31

$1,779,797.65

6/30/06

4.615%

Qtr.

*Inter-County Energy #592

3/31

$2,319,966.20

6/30/06

4.615%

Qtr.

*Inter-County Energy #592

3/31

$197,470.68

6/30/06

4.615%

Qtr.

*Inter-County Energy #850

3/31

$3,810,360.22

6/30/06

4.615%

Qtr.

*Inter-County Energy #850

3/31

$1,905,180.10

6/30/06

4.615%

Qtr.

*Inter-County Energy #850

3/31

$1,905,299.80

6/30/06

4.615%

Qtr.

*Inter-County Energy #850

3/31

$3,380,307.42

6/30/06

4.615%

Qtr.

*Inter-County Energy #850

3/31

$3,117,439.50

6/30/06

4.615%

Qtr.

*Inter-County Energy #850

3/31

$3,594,635.24

6/30/06

4.615%

Qtr.

*Ironton Telephone Co. #888

3/31

$2,915,529.54

6/30/06

4.615%

Qtr.

*Ironton Telephone Co. #2051

3/31

$2,822,396.21

6/30/06

4.615%

Qtr.

*Kenergy Corp. #2068

3/31

$5,925,392.19

6/30/06

4.615%

Qtr.

*Kenergy Corp. #2068

3/31

$4,937,826.82

6/30/06

4.615%

Qtr.

*Kenergy Corp. #2068

3/31

$5,925,392.19

6/30/06

4.615%

Qtr.

*Kenergy Corp. #2068

3/31

$4,300,636.29

6/30/06

4.615%

Qtr.

*Licking Valley Elec. #522

3/31

$2,446,331.85

6/30/06

4.615%

Qtr.

*Licking Valley Elec. #854

3/31

$1,917,618.43

6/30/06

4.615%

Qtr.

*Licking Valley Elec. #854

3/31

$1,963,918.85

6/30/06

4.615%

Qtr.

*Magnolia Electric #560

3/31

$4,461,365.68

6/30/06

4.740%

Qtr.

*Medina Electric #622

3/31

$1,366,541.64

6/30/06

4.615%

Qtr.

*Medina Electric #622

3/31

$1,372,744.98

6/30/06

4.615%

Qtr.

*Medina Electric #622

3/31

$749,121.82

6/30/06

4.615%

Qtr.

*Medina Electric #2050

3/31

$981,164.77

6/30/06

4.615%

Qtr.

*Moundville Telephone #2159

3/31

$898,000.00

6/30/06

4.615%

Qtr.

Northeast Louisiana Power #841

3/31

$1,015,000.00

12/31/36

4.935%

Qtr.

*New Horizon Elec. #791

3/31

$1,914,529.47

3/31/26

4.976%

Qtr.

*New Horizon Elec. #791

3/31

$1,294,705.07

3/31/26

4.976%

Qtr.

*New Horizon Elec. #791

3/31

$1,587,149.34

3/31/26

4.976%

Qtr.

*New Horizon Elec. #791

3/31

$973,376.26

3/31/26

4.976%

Qtr.

*New Horizon Elec. #791

3/31

$948,120.75

3/31/26

4.976%

Qtr.

*New Horizon Elec. #791

3/31

$1,422,201.86

3/31/26

4.976%

Qtr.

*New Horizon Elec. #791

3/31

$956,016.53

3/31/26

4.976%

Qtr.

*New Horizon Elec. #791

3/31

$2,617,656.44

3/31/26

4.976%

Qtr.

*New Horizon Elec. #791

3/31

$1,952,696.69

3/31/26

4.976%

Qtr.

*New Horizon Elec. #791

3/31

$983,311.96

3/31/26

4.976%

Qtr.

*New Horizon Elec. #791

3/31

$5,780,008.02

3/31/26

4.976%

Qtr.

*New Horizon Elec. #791

3/31

$935,863.47

3/31/26

4.976%

Qtr.

*Nolin Rural Elec. #528

3/31

$1,684,578.42

6/30/06

4.615%

Qtr.

*Nolin Rural Elec. #577

3/31

$2,298,608.64

6/30/06

4.615%

Qtr.

*Nolin Rural Elec. #577

3/31

$2,298,608.64

6/30/06

4.615%

Qtr.

*Nolin Rural Elec. #840

3/31

$3,810,360.22

6/30/06

4.615%

Qtr.

*Nolin Rural Elec. #840

3/31

$2,808,235.48

6/30/06

4.615%

Qtr.

*Northstar Technology #811

3/31

$1,568,679.68

6/30/06

4.615%

Qtr.

*Northstar Technology #811

3/31

$855,569.41

6/30/06

4.615%

Qtr.

*Okefenoke Rural Elec. #486

3/31

$912,758.26

1/03/33

5.082%

Qtr.

*Owen Electric #525

3/31

$1,782,282.53

6/30/06

4.615%

Qtr.

*Owen Electric #525

3/31

$1,778,683.18

6/30/06

4.615%

Qtr.

*Owen Electric #525

3/31

$897,377.92

6/30/06

4.615%

Qtr.

*Owen Electric #525

3/31

$1,809,664.07

6/30/06

4.615%

Qtr.

*Owen Electric #525

3/31

$1,843,865.80

6/30/06

4.615%

Qtr.

*Owen Electric #525

3/31

$3,046,543.54

6/30/06

4.615%

Qtr.

*Owen Electric #2097

3/31

$3,941,091.92

6/30/06

4.615%

Qtr.

*Pee Dee Elec. #547

3/31

$1,344,750.29

3/31/11

4.800%

Qtr.

*Piedmont Rural Telephone #2002

3/31

$2,210,010.33

6/30/06

4.615%

Qtr.

*Piedmont Rural Telephone #2002

3/31

$1,461,946.90

6/30/06

4.615%

Qtr.

*PRTCommunications #798

3/31

$4,061,808.37

6/30/06

4.615%

Qtr.

*PRTCommunications #798

3/31

$1,522,543.74

6/30/06

4.615%

Qtr.

*PRTCommunications #798

3/31

$676,465.73

6/30/06

4.615%

Qtr.

*PRTCommunications #798

3/31

$922,222.23

6/30/06

4.615%

Qtr.

*San Miguel Electric #919

3/31

$6,078,367.01

6/30/06

4.615%

Qtr.

*San Miguel Electric #919

3/31

$6,382,356.48

6/30/06

4.615%

Qtr.

*Socorro Elec. #869

3/31

$1,232,067.49

12/31/36

4.935%

Qtr.

*Sumter Elec. #485

3/31

$910,430.06

12/31/31

5.085%

Qtr.

*Surry-Yadkin Elec. #534

3/31

$865,281.25

6/30/06

4.615%

Qtr.

*Surry-Yadkin Elec. #534

3/31

$865,281.25

6/30/06

4.615%

Qtr.

*Surry-Yadkin Elec. #534

3/31

$432,640.64

6/30/06

4.615%

Qtr.

*Surry-Yadkin Elec. #534

3/31

$865,281.25

6/30/06

4.615%

Qtr.

*Surry-Yadkin Elec. #534

3/31

$865,281.25

6/30/06

4.615%

Qtr.

*Surry-Yadkin Elec. #534

3/31

$879,468.06

6/30/06

4.615%

Qtr.

*Surry-Yadkin Elec. #534

3/31

$885,193.39

6/30/06

4.615%

Qtr.

*Surry-Yadkin Elec. #534

3/31

$2,044,877.29

6/30/06

4.615%

Qtr.

*Surry-Yadkin Elec. #852

3/31

$958,809.20

6/30/06

4.615%

Qtr.

*Surry-Yadkin Elec. #852

3/31

$1,917,618.43

6/30/06

4.615%

Qtr.

*Surry-Yadkin Elec. #852

3/31

$479,404.60

6/30/06

4.615%

Qtr.

*Surry-Yadkin Elec. #852

3/31

$1,953,037.47

6/30/06

4.615%

Qtr.

*Surry-Yadkin Elec. #852

3/31

$2,676,488.66

6/30/06

4.615%

Qtr.

*Surry-Yadkin Elec. #852

3/31

$696,839.99

6/30/06

4.615%

Qtr.

*Surry-Yadkin Elec. #852

3/31

$5,443,467.33

6/30/06

4.615%

Qtr.

*Tri-County Elec. TN #647

3/31

$5,796,708.27

1/03/33

4.958%

Qtr.

*Virgin Islands Telephone #2089

3/31

$62,065,792.44

6/30/06

4.615%

Qtr.

*West Plains Elec. #501

3/31

$2,092,510.19

1/03/33

5.082%

Qtr.

*West River Elec. #751

3/31

$4,165,303.87

12/31/30

4.961%

Qtr.

DEPARTMENT OF VETERANS AFFAIRS

St. Leo Residence

3/22

$51,863.50

7/17/45

4.680%

S/A

S/A is a
Semiannual rate
Qtr. is a Quarterly rate
* maturity extension or interest rate reset or principal
rollover